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María Cristina
The client lives in the city of Machala. Her commercial activity is selling food on the pier. She works alongside her daughter who helps her prepare the food. She’s single and her daughter is an adult. In future, she has the idea of opening a restaurant in a locale of her own downtown. For now, she needs the loan to invest in utensils and ingredients for her business.
View original language description ↓
La cliente reside en la ciudad de Machala, su actividad comercial es la venta de comida en el muelle. Labora junto con su hija quien le ayuda en la elaboración de la comida. Es soltera, su hija ya es mayor de edad. En el futuro tiene la idea de tener un restaurante con local propio en el centro de la ciudad. Por ahora necesita el crédito para invertir en implementos y la comida(ingredientes) para su negocio.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped María Cristina to buy utensils and ingredients for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 22, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 4, 2014